Housing Inventory Fell in October

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11/15/2009BiggerPockets Newsletter: Tax Credits, Real Estate Development, and Motivation

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6 votes

Jk_and_iron_mam_comment_thumb Posted By: Jon Klaus, 16 days ago (Report Spam)
Category: Housing / Type: News
Source: online.wsj.com

The supply of homes available for sale in 27 major metropolitan areas at the end of October was down 2.8% from a month earlier, according to figures compiled by ZipRealty.

Comments

At 07:33AM on November 05, 2009 - Jon Klaus said...

Inventory fell by 2.8% from the prior month. On average inventory increases 1% in October. At some point, pent up demand should return.